Price History
$550,000
10/23/2025
$555,000
2/23/2026
1504 COCOANUT AVENUE, Sarasota, FL, 34236
4 rooms
3 beds
1 Full baths
1951
1,072 sqft
Beautiful Double Lot Near Downtown Sarasota and The Bay. Prime opportunity for future land development north of downtown Sarasota and The Bay. The value lies in the spacious double lot, nestled in a highly desirable residential neighborhood close to the international airport, Bayfront, and vibrant downtown Sarasota, close to top-rated restaurants, bars, and boutique shops. Enjoy easy access to the public boat ramp on 10th Street, offering a direct route to the Gulf of Mexico for boating and water recreation. Schematic plans and renderings for two homes, each 2500sqft illustrating what can potentially be built on 1504 Cocoanut Ave. should the buyer choose to subdivide the lot. Just a few blocks away, the renowned Ringling College of Art and Design adds to the neighborhood’s prestige. This property is ideal for a two-family home site, a strong investment opportunity in one of Sarasota’s most sought-after areas. The existing home currently generates rental income with a tenant in place. Survey available upon request.
Status:
Active
Type:
Single-family residential
Laundry Remarks:
In Garage
Subdivision:
VALENCIA TERRACE REV
Garage:
1-car
Heating:
Central
Cooling:
Central Air
Levels:
1
Lot Size:
103 x 116
Acreage:
0.27
Est. Taxes:
$3,422
Construction
Asbestos
Utilities
Sewer Connected, Water Connected
Elementary School:
Bay Haven Sch of Basics Plus Elementary
Middle School:
Sarasota Middle
High School:
Riverview High
Days on Market:
124
Appliances:
Range, Refrigerator, Washer
Min Lease Term:
1 Week
MLS #:
A4669404
Community Info
School Info
Walk Score
Yelp
Listing courtesy of ROSEBAY INTERNATIONAL REALTY, INC 941-366-7673